Investors are drunk on the Kool-Aid that is bitcoin, according to veteran market forecaster Peter Schiff, CEO of Euro Pacific Capital.“Ultimately, I think bitcoin has really no value,” said Peter Schiff, CEO of Euro Pacific Capital. “In the market, it has plenty of value. As long as there’s buying, there’s value. But when the buying goes away, so does the value.”
Eulogy made by Peter Schiff
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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